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RESOLUTION NO. -3 8~ Z- ~
<br />A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
<br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
<br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS
<br />2107 BASIN STREET OR 5421 ROYAL STREET, 5.413 AND 5405 ROYAL
<br />STREET, 2205, 2213, 2221, 2229, 2237, 2245, 2303, 2311, 2314, 2306, 2236,
<br />2228, 2220, 2212 ST. CHARLES STREET, 2204 ST. CHARLES STREET OR
<br />5422 ROYAL STREET, 2203 CANAL BOULEVARD OR 5430 ROYAL
<br />STREET, 2211, 2219, 2227, 2235, 2307, 2315, 2314, 2306, 2238, 2230, 2222
<br />AND 2214 CANAL BOULEVARD
<br />AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A
<br />(5) FIVE-YEAR RESIDENTIAL REAL PROPERTY
<br />TAX ABATEMENT FOR
<br />TAMPICO DEVELOPMENTS, LLC
<br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a
<br />Declaratory Resolution designating certain areas within the City as Residentially Distressed
<br />Areas for the purpose of tax abatement consideration; and
<br />WHEREAS, a Declaratory Resolution designated the area commonly known as 9.82
<br />acres in the NW1/4, Section 32, T37N, R3E, South Bend, Indiana, and which is more
<br />particularly described as follows:
<br />31 lots located within the proposed Crescent Oaks, Section One
<br />A PARCEL OF LAND BEING A PART OF PARENT PART OF LAND AS DESCRIBED IN DEED
<br />RECORD INSTRUMENT NUMBER 9944308 AS RECORDED IN OFFICE OF RECORDER OF ST.
<br />JOSEPH COUNTY, INDIANA, IN PART OF THE NORTHWEST QUARTER OF SECTION 32,
<br />TOWNSHIP 37 NORTH, RANGE 3 EAST, PENN TOWNSHIP, CITY OF SOUTH BEND, INDIANA,
<br />MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION 32; THENCE SOUTH 00
<br />DEGREES 16 MINUTES 29 SECONDS EAST ALONG THE WEST LINE OF SAID NORTHWEST
<br />QUARTER; A DISTANCE OF 1363.59 FEET TO THE POINT OF BEGINNING; THENCE NORTH
<br />89 DEGREES 53 MINUTES 49 SECONDS EAST ALONG THE SOUTH LINE OF A PARCEL OF
<br />LAND AS RECORDED UNDER INSTRUMENT NUMBER 8634826 IN THE OFFICE OF SAID
<br />RECORDER, A DISTANCE OF 753.67 FEET; THENCE SOUTH 00 DEGREES 00 MINUTES 00
<br />SECONDS WEST, A DISTANCE OF 624.74 FEET; THENCE SOUTH 89 DEGREES 51 MINUTES 58
<br />SECONDS WEST ALONG THE NORTH LINE OF STONEHEDGE ESTATES, SECTION THREE,
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